entity theory
Definition
Belief that the activities of a business are distinct from the activities of its owners. It maintains that individual business owners are not responsible for liabilities and loans of the company. The entity theory is what provides limited liability of owners within certain business structures.
Related Articles
- Understanding Stock Dividends *
- Alternatives to Traditional Property Investments *
- What is a non-profit corporation? *
- Advanced Bond Concepts *
- Stock Regulations *
- Investing In Forex Options *
- Real Estate as an Investment *
- FAFSA Guide *
Related Videos
http://www.businessdictionary.com/definition/entity-theory.html
